| The Sovereign Society - Some of the world's
best known investment & privacy advisors have teamed up to provide
advice on asset protection. Having the Sovereign Society on your
side is like having the world's best investment advisor multiplied.
A perfect concept from an excellent team. |
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| Index
of Sovereign Society Articles |
| Five Legal
Ways You Can Save Taxes Offshore |
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| You
can own a Swiss chalet, tax-free. Earn up to US$80,000/year offshore…again,
without paying a dime in U.S. income tax. Even purchase offshore mutual
funds…without tax liability. |
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| The
U.S. imposes taxes on its citizens and permanent residents on their worldwide
income. Yet, the tax laws have hundreds of “loopholes” you can use to reduce
your taxes. And nearly EVERY ONE of these tax breaks is available offshore—where
you’ll also find greater privacy and protection from the threat of lawsuits.
Plus, there are a handful of tax savings opportunities available ONLY if
you work, invest or do business offshore. |
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| In
this column, I’ll highlight one of the very best opportunities that you
can take advantage of, right now, to begin saving taxes, safely and securely
offshore. Plus, I’ll give you capsule descriptions of several other little-known
tax loopholes—and show you how you can learn more about them. |
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| Buy
A Swiss Chalet With Your IRA |
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| You can own
almost any non-U.S. investment in your retirement plan, including offshore
mutual funds and virtually any kind of foreign real estate. You can even
have your IRA pay you a salary to manage your offshore real estate portfolio! |
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| And that’s
just the beginning. |
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| Want to purchase
some of the lucrative offshore funds we’ve highlighted in past issues,
such as Man-AHL Diversified PLC (up an average of 22.3% over the last 10
years)? One of the only ways to do so without suffering ruinous tax consequences
is to buy it through your retirement plan. |
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| Another benefit
is asset protection. All types of retirement plans have come under attack
in the courts. In contrast, if you invest your retirement plan in a suitable
jurisdiction—Switzerland, for instance—it can be configured to be essentially
judgment-proof.1 |
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| If you’d like
to unlock the hidden potential in your IRA, 401K or other retirement plan,
check out the supplement enclosed with this issue. |
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| More Offshore
Tax Breaks |
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| That’s just
the tip of the iceberg when it comes to tax breaks Congress provides U.S.
persons who invest, work or do business overseas. Here’s a small sampling
of some others: |
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| • Earn US$160,000/year
tax-free, courtesy of Uncle Sam. U.S. persons who live and work outside
the United States can exclude up to US$80,000 per year in foreign earned
income from their U.S. income taxes.2 Your spouse is eligible for another
US$80,000 earned income exemption—for a total US$160,000 exemption for
a married couple. |
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| • Defer tax
on business income. If you form a foreign corporation that generates “active”
income from foreign trade or business (not passive income from investments),
and the business is also managed offshore, you don’t need to pay taxes
on the profits until you repatriate them.3 |
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The
Sovereign Society, headquartered in Waterford, Ireland, was founded in
1998 to provide proven legal strategies for individuals to protect their
wealth and privacy, lower their taxes and to help improve their personal
freedom and liberty.
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The
Society's highly qualified contacts recommend only carefully chosen banks
and investment advisors as well as financial and legal professionals located
in select tax and asset haven jurisdictions around the world. The Society
provides advice concerning the establishement and operation of offshore
bank accounts, asset protection trusts, international business corporations
(IBCs), private foundations, second citizenships and foreign residency,
as well as practical safeguards for financial, Internet and personal privacy.
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The
Sovereign Society stands alone in fulfilling this singular, international
offshore service role for its members. To learn more about our organization
and how you too can become a member, Click the link below:
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Earning
money requires effort. Protecting
it after
you've earned it requires finding those
who have
the right knowledge & experience
in the
field of asset protection. If you're not
an expert at
it you need someone who is. |
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| • Defer tax
on investment income. If you purchase an offshore variable annuity that
meets IRS requirements, income from its underlying investments is legally
tax deferred until you begin taking income from it. |
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| • Tax-free
bequeathals and better returns. Offshore life insurance offers the same
tax benefits as domestic life insurance—namely, you can multiply a small
premium amount into a large death benefit that is tax free to your heirs. |
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| To
receive these benefits—particularly in the case of doing business offshore
or forming an insurance company—it’s necessary to obtain expert tax advice.
And of course, they’re not for everyone—e.g., you may not want to get into
the insurance business. |
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| This
is just a brief sampling of the literally dozens of tax saving strategies
available offshore. If you are interested in learning more, The Sovereign
Society’s Tax Advisor, Vernon Jacobs, is updating a special report entitled
Legal Ways to Pay Less Taxes Onshore and Offshore. It will describe dozens
of tax breaks you can put to work for you right now. We’ll alert you when
this report is ready, so stay tuned to TSI and The Sovereign Society’s
Offshore A-letter. |
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The
Strange Disappearance of 100,000 American Millionaires
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Last
year, the number of American millionaires fell by 100,000. Yet 200,000
new millionaires showed up overseas. Why? Because hugely profitable
investments are being hidden from you by a cartel of lawyers, regulators
and Wall Street special interests. Like our recommended investments that
gained 797% and 1,794% during the bear market and our other investments
up 85%..117%...177%...225%. Find out what they don't want you to know...
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